On the morning of Tuesday, December 16th, BTC/ETH Silk Road Sharing
From a daily perspective, Bitcoin significantly pulled back after a high yesterday, ultimately closing with a bearish candle. The medium bearish candle formed in the morning ended the previous three consecutive bullish rebounds, indicating that the upward momentum at the daily level has slowed down. The overall trend of the current market remains weak, with intense competition between bulls and bears in the short term, as the market enters a phase of fluctuation and differentiation.
On the 4-hour level, the price rebounded near the middle track but faced significant resistance, followed by a continuous decline that broke through the lower track, forming a series of bearish candles. Despite the short-term divergence between bulls and bears — bears believe that the adjustment still needs to continue, while bulls expect a slight rebound after a pullback — considering the consecutive breakdowns at the 4-hour level, the short-term structure leans more towards bearishness, indicating further room for adjustment in the future. Overall, the large fluctuation base’s high-low pattern suggests that the market still faces adjustment pressure after the rebound.
Bitcoin: short in the range of 86500-86700, target around 84200
Ethereum: short in the range of 3020-3040, target around 2880
$BTC $ETH $ZEC #美SEC推动加密创新监管 #BinanceABCs #巨鲸动向 #美联储降息 #ETH走势分析


